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Kohl's shares tumble on earnings miss, CEO to step down
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's
shares fell sharply on Tuesday after the company'
s
earnings missed Wall Street estimates and following its announcement that CEO
Tom
Kingsbury
will step down in January. The weak forecast underscores an uncertain holiday season for the retail sector ...
Ashley Buchanan named the next CEO of Kohl's; Tom Kingsbury to step down
Tom Kingsbury will step down as top boss of Kohl’s Corporation (NYSE:KSS) effective January 15, 2025, the company said in a statement Monday. He will be replaced by Ashley Buchanan as CEO. Buchanan has been the chief executive of Michaels Companies since 2020 and,
22h
on MSN
We Messed Up: Kohl’s CEO Gives a Mea Culpa
But Kohl’s outgoing CEO Tom Kingsbury had no trouble this week owning up to mistakes that led to a steep drop in the retailer ...
16h
Kohl’s Shakes Up Leadership As Retailer Reports $37 Million Drop In The Third Quarter Over 2023
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
Retail Dive
3h
Will Kohl’s have to close stores?
Not long ago, in stark contrast to rival Macy’s, the department store was talking about expanding its fleet. That may be ...
20h
Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter
The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...
BizTimes
1d
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
1d
Kohl's shares slump on lowered annual sales forecast as holiday demand wanes
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...
Hosted on MSN
15h
Shoppers Are Still Abandoning Kohl's—Here's Why
RELATED: Costco Shoppers Are Abandoning These Kirkland Products: "Worst Things I’ve Ever Tasted." According to Kohl’s ...
1d
Sales slide continues at Kohl's, analyst calls results 'abysmal'
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
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